openPR Logo
Press release

Drones Market Estimated to Flourish by 2025

11-23-2017 06:56 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research

Drones have transformed aerial surveys and inspection services. Development in battery technology and sensors has vastly transformed the operations of drones. Drones are flying devices which carry cameras to areas that are difficult to access. The difficulty sometimes is likely to be physical or economical. The energy industry that includes oil & gas, renewable industry, and power & utility can employ drones primarily for inspection and real-time observation from remote locations. Until recently, engineers around the world would manually monitor oil wells, wind turbines, and oil and gas pipelines for any kind of inspections.

In terms of industry type, the drones market for the energy industry can be segmented into oil & gas, power & utility, and renewable energy. Operators of the energy industry are finding drone technology cost-effective, accurate, quick, and easy due to improved efficiency, powerful computers, and affordable drone technology. Drones can be used for inspection and surveillance of drilling rigs in onshore and offshore operations in the oil & gas industry. Drones can also be used for integrity check of crude oil pipelines, running for thousands of kilometers on land. Identification of pipe failure, leakage identification, identification of crude oil stealing from pipeline are some operations that are highly time consuming and expensive if carried out manually.

Request For Report Sample: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=29846

Drones can be employed for the inspection of cables, integrity check of cables and towers, and site surveillance in the power & utility industry. In the renewable energy industry, solar power plants, wind turbine farms are spread over very large areas. Surveillance, management, and quality check can be done with drones, which saves cost as well as the time involved in these regular operations. Drones are available in the market with various specifications and type. However, a few existing players provide customized drones in accordance with the specific demand. Fixed winged drones, rotary blade drones, nano drones, and hybrid drones are commonly employed for inspection and surveillance operations.

Ease of operation itself is the driver for the drones market for energy industry. Drones are becoming a primary choice for inspection and surveillance applications due to the advancement of technology in drone manufacturing and high definition camera technology. Cost-effectiveness is another driver for the drones market for the energy industry. Oil companies are finding ways to cut cost incurred in exploration and inspection activities amidst low oil and gas prices. Drones are increasingly seen as smart technology for saving costs. Ease of accessing remote and difficult locations is the biggest advantage of drones. The only restraint to the drones market for energy industry is the norms and regulation for UAV usage. Drones can be employed for any undesirable terror activity by unsocial elements since they are easy to operate.

The global drones market for energy industry is estimated to expand. North America is anticipated to lead the market due to its vast number of energy projects in oil and gas, and renewable energy (solar & wind). Asia Pacific, with its emerging economies such as India and China, is lucrative region for the drones market for energy industry. Asia Pacific has the highest population in the world, and increased development activities the region is projected to boost the demand for energy in the near future. Middle East & Africa is estimated be another lucrative region due to the vast number of oil and gas projects in the region. Key players operating in the drones market for energy industry include Aerovel, Altavian, Precision Hawk, Sky-Future, Skylark Drones Pvt Ltd, Leonardo – Società per azioni, Intel Deutschland GmbH, BAE Systems, AERODYNE GEOSPATIAL, and Airware.

Request For Report Table of Content (TOC): https://www.transparencymarketresearch.com/sample/sample.php?flag=T&rep_id=29846

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Contact us:

Transparency Market Research
90 State Street,
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Drones Market Estimated to Flourish by 2025 here

News-ID: 829361 • Views: 148

More Releases from Transparency Market Research

Wearable EEG Devices Market: Growing incidences of Neurovascular Disorders is Dr …
According to new market research titled 'Wearable EEG Devices Market to 2027 - Global Analysis and Forecasts by Channel and Application.' The global wearable EEG devices market is expected to reach US$ 1,556.35 Mn in 2027 from US$ 745.05 Mn in 2018. The market is projected to grow with a CAGR of 8.7% from 2019-2027. The report provides trends prevailing in the global wearable EEG devices market and the factors
Decentralized Electricity Generation Market - Global Industry Analysis, Share, G …
Global Decentralized Electricity Generation Market: Overview With the increasing installation of smart grids and the rising number of electricity generation resources, the power generation industry has been undergoing a significant change over the recent past. The modification in the grid structure, which permits decentralization of electricity generation, is acting as the main driving force behind the substantial growth of the global market for decentralized electricity generation. The main objective of this research
Global Sucralose Market Outlook In The Developed And Emerging Industry
Sucralose Market Overview Sugar substitute market is witnessing an increasing demand driven by the increasing sales of various sugar substitutes such as natural sweeteners and artificial sweeteners. Sucralose, an artificial sweetener used as a sugar substitute is highly preferred by consumers owing to its zero calorie attribute. Though sucralose is 600 times sweeter than sugar but interestingly it is not identified as the carbohydrate by the human body. Sucralose has its
Flavored Syrup Market - Growth Powered with Latest Development Scenario & Influe …
Flavored Syrup Market Introduction Global syrup market is witnessing a significant demand generated by the food and beverage industry. Consumers' increasing preference for different and personalized flavors in food has driven the syrup manufacturers to produce a wide range of flavored syrups. Flavored syrups contain artificial or natural flavorings mixed along with sugar and water. Obtain Report Details @ https://www.transparencymarketresearch.com/flavored-syrup-market.html Increasing demand of flavored syrups especially among the consumers contributes to the

All 5 Releases


More Releases for Drones

Global Inspection Drones Market Data Survey Report
The global Inspection Drones market will reach Volume Million USD in 2018 with CAGR xx% 2018-2025. The main contents of the report including: Global market size and forecast Regional market size, production data and export & import Key manufacturers (manufacturing sites, capacity and production, product specifications etc.) Major Application Major Type Key manufacturers are included based on manufacturing sites, capacity and production, product specifications. Get sample copy of the report: www.marketdensity.com/contact?ref=Sample&reportid=59082 Table of
Global Inspection Drones Market Research
Global Inspection Drones Market investigates powerful examination on fluctuated areas of Industry like chances, estimate, development, innovation, request and pattern of high driving players. It likewise gives advertise key measurements on the status of producers, an important wellspring of direction, course for organizations and people intrigued by the business. Get sample copy of report : https://www.marketdensity.com/contact?ref=Sample&reportid=6346 Table of Contents 1 Inspection Drones Market Overview 1.1 Product Overview and Scope of Inspection Drones
Small Drones Take Flight for Military Applications
Unmanned aerial vehicle technology is advancing rapidly, and drones are getting smaller by the day. Small drones are considered better because they are more agile, are harder to detect, and are easier for pilots to control. Recent drone research and development around the world has advanced the state of surveillance and military drones. Request Sample@ www.alliedmarketresearch.com/request-sample/2312 The global small drone market could reach $13.4 billion by 2023, according to Allied Market Research.
A new perspective - Aerial photos with drones
Aerial photos provide an excellent overview and completely new perspectives. They make web pages and offers more attractive and bring unforgettable private memories. Smartphones and cameras take excellent pictures, but only within certain limits: their perspective is always that of the photographer. Drones shots break through these barriers by giving you access to endless new opportunities. Overview and Marketing Even large objects are captured by the aerial photo with the drone in
Photography Drones Market Report 2018: Segmentation by Type (3-rotor Drones, 4-r …
Global Photography Drones market research report provides company profile for Parrot, AEE, AirDog, DJI, Autel Robotics, Yuneec and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation on the
UAV Drones Market Report 2018
Global UAV Drones market intervention conducted by the research team to access information through various techniques. The UAV Drones data gathered here are being authenticated until the research is at the final point. Through this, the superiority and quality of the content provided in the UAV Drones report are being labeled as well data and UAV Drones statistics are made available are up to the mark and accurate. The